Aviation Industry Cheers New SAF Tax Credit Plan
A broad-based consortium of aviation companies applauded the introduction of the Sustainable Skies Act in the U.S. House of Representatives.
The announcement of legislation involving a blender's tax for sustainable aviation fuel (SAF) producer/blenders is welcome news for companies such as World Energy which operates a refinery in Paramount, California, as it will move SAF's price closer to that of conventional jet-A, hopefully spurring adoption and demand. (Photo World Energy)